0
How long does it take 1125 to triple if it is invested at 7 percent interest compounded quarterly?
Wiki User
∙ 11y ago
(1 + .07/4)4x = 3
4x log(1+.07/4) = log(3)
x = 0.25 log(3)/log(1.0175) = 15.83
The amount of the original investment doesn't matter. At 7% compounded quarterly,
the value passes triple the original amount with the interest payment at the end of
the 16th year.
Wiki User
∙ 11y ago
Wuendi Soto
An initial investment of $120 is appreciated for 2 years in an account that earns 1% interest, compounded continuously. find The Amount of money in the account at the end of the period
Van Von
Add your answer:
Earn +20 pts
What would be the amount of compound interest on 8000 invested for one year at 6 percent compounded quarterly round your answer to the nearest dollar?
$491
How much money should be invested at 14 percent compounded quarterly to yield 12000 at the end of 7 years?
4795.65 (approx).
How much would 140 invested at 6 percent interest compounded annually be worth after 15 years Round your answer to the nearest cent?
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
How much would 400 invested at 9 percent interest compounded continuously be worth after 3 years?
523.97
How much would 500 invested at 8 percent interest compounded continuously be worth after 3 years?
635.61
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
What would be the amount of compound interest on 8000 invested for one year at 6 percent compounded quarterly round your answer to the nearest dollar?
$491
Olivers grandfather invested 150 at 5 percent interest compounded quarterly When Oliver inherited it the amount was 6000 For how many years had the 150 been invested?
74 or 75 years
What is the future value of Rs1.00 invested for 10 years if 12 percent annual rate of interest is compounded quarterly?
1 x (1.03)40 = 3.26
What is the future value if 3400 is invested for 5 years at 8 percent compounded quarterly?
$5,052.22
Find the final amount for the investment 750 at 10 percent interest compounded quarterly for 10 years?
750 invested for 10 years at 10% pa would be 1,945
What is the compound interest on 750000 pesos borrowed at 2.50 percent interest per year for 1 year if the interest is compounded quarterly?
Since the annual interest rate is given, the fact that the interest is calculated and compounded quarterly is not relevant. The interest is 750000*2.5/100 = 18750 pesos.
How much money should be invested at 14 percent compounded quarterly to yield 12000 at the end of 7 years?
4795.65 (approx).
After 6 years what is the total amount of a compound interest investment of 35000 at 4 percent interest compounded quarterly?
$44,440.71
How much would 500 invested at 7 percent compounded annually be worth after 5 years?
500 invested for 5 years at 7% interest compounded annually becomes 701.28
How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?
$5,249.54
How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?
1200
